work a child does, are private information, the second-best policy uses a combination of need and merit based education … awards, together with a mix of taxes on parental income, and on the return to educational investment. It also makes school …

There is limited existing evidence justifying the economic case for state education policy. Using newly …

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams …. Choices of higher-education programs and of occupations do not appear major channels of this result …

We model centralized school matching as a second stage of a simple Tiebout-model and show that the two most discussed … disadvantaged if the school priorities are based on ex ante known (social) differences of the applicants …

of education complementary to their production. Lobbying is endogenous. We show that, if lobbying is not costly, both … sectors will lobby in equilibrium and education policy will induce the same skill composition that would be chosen by the … resources towards the type of education required by its production. Which sector will engage in lobbying depends on relative …

We consider the optimal education policies of a small economy whose government has a limited budget. Initially, the … economy is closed and the government chooses its education policy to maximize welfare under autarky. Then the economy trades … with the rest of the world. Lastly, the government chooses a new education policy that maximizes welfare under trade. Is it …

vote first on labour market integration and afterwards on education policy. The institutional decision on integration … influences the succeeding education policy. More surprisingly, the prospect of voting on education policy also affects the … their preferred education policy is more successful at the polls. We show how a 'joint' analysis of the institutional and …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …

children invest in post-compulsory education, subject to an endogenous credit constraint, and taking policy as given. There are … two policy tools: a subsidy to those who participate in education and a proportional income tax. Not all children … support a reduction, while the quot;middle-classquot; supports an expansion, of the education subsidy. Public support of …

education to health, from health to education, or from factors that influence both variables. We formalize a model that … education would require large imperfections in these markets to be more welfare improving than distributional policies …